M.J. International Co., Ltd. AI Stock Analysis
M.J. International Co., Ltd. (8466) AI Stock Analysis
M.J. International Co., Ltd.
(TWSE:8466)
The score is held back primarily by weak financial performance: falling revenue, steadily compressing margins and a return to a net loss in 2025, with negative return on equity on a debt-heavy asset base. Technicals reinforce the caution, as the stock trades well below all key moving averages with negative MACD and deeply oversold momentum readings. Valuation offers little support given the negative P/E, with only a modest 2.34% dividend yield as a partial offset. The main positives are the sharp 2025 rebound in operating and free cash flow and reduced leverage (debt-to-equity down to 0.85), which support liquidity but are not yet proof of a durable turnaround.
M.J. International Co., Ltd. (8466) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.07B
- Dividend Yield
- 2.26%
- Average Volume (3M)
- 30.30K
- Price to Earnings (P/E)
- -3.5
- Beta (1Y)
- 0.82
- Revenue Growth
- -25.67%
- EPS Growth
- -675.62%
- Country
- TW
- Employees
- 422
- Sector
- General
- Sector Strength
- 55
- Industry
- Construction Materials
M.J. International Co., Ltd. Business Overview & Revenue Model
Company Description
M.J. International Co., Ltd., together with its subsidiaries, engages in the development, production, and sales of vinyl tile (LVT) floors in Europe, North America, Taiwan, China, and internationally. The company offers rigid core, LVT click, non-pol...
M.J. International Co., Ltd. Financial Statement Overview
Summary
Weak and deteriorating earnings dominate the picture: revenue fell about 10.6% in 2025 to roughly NT$3.16 billion, gross margin has halved from 27.3% in 2020 to 14.4%, operating margin has thinned to 1.8%, and the company swung back to a net loss of about NT$62 million (Income Statement 30). The balance sheet is serviceable but capital-heavy, with debt-to-equity improved to 0.85 from 1.18 in 2023 and equity funding roughly 47% of the NT$6.42 billion asset base, though return on equity is negative at -2.1% (Balance Sheet 46). The clear bright spot is cash flow: operating cash flow rebounded to about NT$578 million and free cash flow turned positive at roughly NT$505 million despite the loss, although this cash generation has been highly volatile year to year (Cash Flow 56).
Income Statement
30NegativeBalance Sheet
46NeutralCash Flow
56Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.74B | 3.16B | 3.86B | 2.70B | 3.26B | 3.61B |
| Gross Profit | 296.85M | 456.82M | 645.58M | 418.08M | 688.97M | 624.47M |
| EBITDA | 102.96M | 303.92M | 574.40M | 330.66M | 403.98M | 257.24M |
| Net Income | -222.10M | -62.33M | 135.19M | -64.31M | 143.49M | 68.58M |
Balance Sheet | ||||||
| Total Assets | 6.35B | 6.42B | 6.61B | 6.26B | 6.40B | 5.98B |
| Cash, Cash Equivalents and Short-Term Investments | 1.95B | 1.82B | 1.18B | 1.27B | 1.25B | 499.13M |
| Total Debt | 2.59B | 2.59B | 2.72B | 2.89B | 2.98B | 2.63B |
| Total Liabilities | 3.39B | 3.39B | 3.73B | 3.82B | 3.77B | 3.51B |
| Stockholders Equity | 2.96B | 3.03B | 2.88B | 2.44B | 2.59B | 2.43B |
Cash Flow | ||||||
| Free Cash Flow | -9.02M | 505.37M | -213.47M | 108.54M | 391.46M | -1.55B |
| Operating Cash Flow | 36.88M | 578.34M | -92.99M | 388.79M | 1.25B | -450.94M |
| Investing Cash Flow | 77.71M | 43.12M | -94.08M | -372.50M | -818.98M | -938.38M |
| Financing Cash Flow | -358.67M | 127.69M | -8.53M | -133.70M | 303.05M | 1.21B |
M.J. International Co., Ltd. Peers Comparison
Overall Rating
TW:443056.2Neutral
TW:842954Neutral
TW:444048Neutral
TW:522346Neutral- TW:846642Neutral
TW:443339Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:4430 | 56Neutral | TWD 1.20B | 44.88 | ― | 2.17% | 6.71% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8429 | 54Neutral | TWD 1.04B | 64.52 | ― | ― | -5.49% | 6.64% |
| TW:4440 | 48Neutral | TWD 1.10B | 8.50 | ― | 5.97% | 6.71% | 77.95% |
| TW:5223 | 46Neutral | TWD 948.91M | -16.22 | ― | ― | 1.86% | -1680.28% |
| TW:8466 | 42Neutral | TWD 1.06B | -3.55 | ― | 2.26% | -25.67% | -675.62% |
| TW:4433 | 39Underperform | TWD 971.60M | 14.03 | ― | 6.31% | -1.86% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8466 | M.J. International Co., Ltd. | 13.35 | -9.11 | -40.56% | |
| TW:4430 | Yao I Fabric Co., Ltd. | 23.00 | 5.13 | 28.73% | |
| TW:4433 | Singtex Industrial Co., Ltd. | 15.85 | -3.73 | -19.05% | |
| TW:4440 | Yi Shin Textile Industrial Co., Ltd. | 16.75 | -0.98 | -5.52% | |
| TW:5223 | Anli International Co., Ltd. | 21.90 | -6.10 | -21.79% | |
| TW:8429 | Jinli Group Holdings Ltd. | 5.57 | -2.19 | -28.22% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026